When you’ve landed a big win you want to be able to get your money fast. Few things can be more frustrating for a punter than being made to hang around while the bookmaker processes your withdrawal. Fortunately, Betfred customers rarely have that experience.
As is standard in the betting industry, withdrawals usually have to be carried out through the same payment method that you used to make your deposit. Unlike many bookmakers, Betfred will allow you to use different methods where required, though you may be asked for additional verification details.
Card Withdrawals
The most popular method of deposit and withdrawal at Betfred is through debit or credit card. As with deposits, there is a minimum withdrawal amount of £5 and there is a maximum limit of £20,000, though larger withdrawals can be arranged through the helpful Betfred customer service team. The payout time for card withdrawals is between 1-3 days, which is excellent by industry standards.
E-Wallet Payouts
The great advantage of using e-wallets is that withdrawal times are in theory much quicker than with cards, and as Betfred processes all of its payouts speedily, you get the full benefit of using this modern form of money transfer. All e-wallet payments go through in a matter of hours, sometimes as quickly as three hours, and never longer than 24 hours. The minimum withdrawal at Betfred is £5, while maximum payouts range from £5,000 to £8,000 depending on your e-wallet brand.
Other Withdrawal Options
It is also possible to get your Betfred winnings through a Bank Transfer, and the good news is that Betfred will not charge you a fee for one Bank Transfer per 28-day period. And you can pop into any Betfred high street store to make withdrawals from your online account. Just take along a form of ID and your Betfred account details and get paid out up to £250.
Conclusion
Slow payouts are one of the aspects of online betting that can make life difficult for regular punters, but with Betfred that isn’t a problem. Their withdrawal service is one of the quickest and easiest around, ensuring that you won’t be kept waiting to get hold of your winnings.
